Resuming after a timeout called by Spain's Telefonica last week, the auction of UK's third-generation (3G) mobile phone licences reached new heights on Monday, with total bids topping £16bn. One2One, Orange and WorldCom remain the other bidders in...
BT, BNL, Distacom, Intalgas and Mediaset had voted to continue participating in the auction but were blocked by shareholders Edizone Holding, Palatinus and Sitech. It has also brought to an abrupt end the auction itself as Blu was the sixth...
The 19th round of the auction for 2G and 3G licences has broken the 1996 record of $9.2bn as carriers battle to complete their national networks and increase capacity in the top markets. There have been suggestions that Nextel, the second smallest...
Despite the setback, the French telecoms regulator, ART, insisted the deadline for applications will remain 31 January and that the auction will operate under the terms published in August 2000. In a statement, the Spanish-French consortium said...
Online auction house QXL Ricardo today revealed booming sales and profits, a lower burn rate and a strategic deal with Microsoft. Its agency auction value increased 42 per cent to £29.7m for the fourth quarter.
The government has reopened the auction of broadband fixed wireless licences. Last year's auction failed to raise nearly as much money as ministers expected. Analysts, buoyed by the sums raised from the 3G auction in the UK earlier in 2000, had...